 |
answer text |
<p>Under the current Organisation for Economic Co-operation and Development’s (OECD)
Development Assistance Committee (DAC) rules the three hurricane affected Overseas
Territories, Anguilla, the Turks and Caicos Islands and the British Virgin Islands,
are not eligible to receive Official Development Assistance (ODA) due to their Gross
National Income (GNI) per capita being above the ODA eligibility cut off point. The
United Kingdom (UK) Government has committed £142 million of non-ODA funding to the
hurricane relief effort in the Overseas Territories. In addition up to £300 million
of loan guarantees will be available to help the affected Overseas Territories access
the funds needed to Build Back Better. ODA rules have not and will not stop Britain
dedicating the money needed for the hurricane recovery and reconstruction the Overseas
Territories.</p>
|
 |
